PowerCut In Nigeria & South Africa; How Businesses Are Affected
The incessant decrease in power supply over a long period has become a recurrent issue in so many African countries and this has become a threat to the survival of small and big businesses on a massive scale. PowerCut creates a ripple effect across many other sectors, but in this video, we (@joetunex and @josediccus) chose to talk about how it majorly affects businesses in South Africa and Nigeria respectively.
We analyzed the resources at the deposal of these two countries and talked about the possibility of having constant power without undergoing the process of load shedding, this is the reduced redistribution of power on a smaller scale to serve a larger amount of users over a specific time.
We went on to talk about smaller businesses as the biggest losers as bigger businesses can run their business using other power alternatives as they can easily attain economies of scale, and as they seek other options to run their businesses.
We analyzed the difference in Powercut as if differently affects the two countries, we then went on to talk about the potential impact on foreign investors and how they might seek out other countries with stable electricity to do business with.